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Our client, an International Bank based in London, currently seek a Senior Outsourcing & Vendor Officer to join their central operations department
Contract Type: The bank is open to hiring this role as a Permanent or Daily rate contract
Working pattern: 4 days office 1 day WFH
Uk Experience Essential
This role is integral in managing the onboarding and offboarding of vendors and suppliers while ensuring robust and effective vendor relationships.
Key Responsibilities
- The successful candidate will oversee the management of interactions between vendors/suppliers and internal stakeholders, ensuring effective collaboration and compliance with regulatory standards.
- This role will also ensure the smooth operation of outsourced supplier and vendor services, contributing to the overall efficiency of the business
- Track and manage the renewal and expiration dates of all contractual agreements, ensuring timely renewals and adherence to obligations
- Support in the drafting, negotiation, and management of contracts, ensuring favorable terms and regulatory compliance
- Resolve issues in vendor relationships to ensure smooth operations and minimal disruptions.
- Proactively identify and implement measures to enhance vendor performance and avoid potential challenges.
Essential Qualifications & Experience
- Proven experience in managing vendor/supplier relationships, ideally within the financial sector.
- Strong background in contract negotiation, risk management, and performance monitoring.
- Familiarity with regulatory standards governing outsourcing and vendor management.
- Project management experience and an understanding of business continuity planning.
